Penguin Solutions, Inc.
For the period ended May 30, 2025. Filed Jul 8, 2025.
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May 30, 2025 · Filed Jul 8, 2025
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Item 5. Other Information
On April 21, 2025, Jack Pacheco, our Executive Vice President, Chief Operating Officer, and President, Integrated Memory, adopted a Rule 10b5-1 trading arrangement (the “Pacheco 10b5-1 Plan”) that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The Pacheco 10b5-1 Plan provides for the sale of up to 63,447 shares of common stock acquired upon the exercise of stock options, subject to pre-established limit prices, commencing on July 21, 2025 and continuing until all shares are sold or until December 31, 2025, whichever occurs first.
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During the fiscal quarter ended May 30, 2025, no other officers or dire ctors of Penguin Solutions adopted orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (in each case, as defined in Item 408 of Regulation S-K).
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